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    Rupee gains 20 paise to close at 95.08 against US dollar post-RBI policy decision
    TN Budget: Revenue deficit at Rs 55,775 crore, fiscal deficit estimated at Rs 1,21,819 crore
    Tatkare slams ‘gungi gudiya’ jibe against Sunetra; Cong says row being exploited for political gains
    RBI invites public comments on Draft Guidelines for ‘on tap’ Licensing of Urban Co-operative Banks
    Pakistan-origin dry dates, routed through UAE, seized at Kandla port
    RBI keeps rates unchanged, retains neutral stance; outlook uncertain on El Nino, geopolitical risks
    Government Notifies Inventory-based Cross-border E-Commerce Export Framework under Foreign Trade Policy 2023
    Customs official among 5 held for smuggling gold of Rs 1.44 crore at Indore airport
    Lok Sabha passes Bankers' Books Evidence Bill to replace colonial-era law
    Sensex gains 152 pts in volatile session as RBI keeps policy rates unchanged
    DRI seizes 364 metric tonne (MT) banned Pakistan-origin dry dates imports worth Rs. 3 crore
    Rupee gains 13 paise to close at 95.15 against US dollar post-RBI policy decision
    ED raids premises linked to ex-Andhra MLA Malla Vijaya Prasad in chit fund scam
    'Gungi gudiya' remark against Sunetra shows Cong's 'ideological bankruptcy': NCP leader Tatkare
    RBI holds interest rates for fourth straight meeting, awaits clearer inflation outlook
    Highlights of RBI's August monetary policy
    RBI targeting polymer currency notes launch in early FY28: Guv Malhotra
    Two women held at Delhi airport with 1 kg gold concealed as silver-coated armlet
    Sensex trades higher, Nifty flat post RBI policy
    India's services sector growth hits four-and-a-half-year low in July on weak demand: PMI
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    August 5, 2026
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    Rupee appreciation followed unchanged monetary policy, lower crude prices, weaker dollar and expectations of orderly exchange-rate management.
    The rupee strengthened after the central bank maintained its policy rate and neutral monetary-policy stance. Lower crude oil prices, a weaker US dollar and declining US Treasury yields supported investor sentiment. Earlier measures to attract capital inflows remained part of the framework supporting the rupee, while the central bank stressed its endeavour to preserve an orderly currency trajectory. Future movement was linked to geopolitical de-escalation, global risk sentiment and US economic data.
    August 5, 2026
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    Fiscal consolidation through revenue mobilisation and leakage control aims to reduce deficits while expanding capital expenditure capacity.
    Tamil Nadu's Revised Budget Estimates for 2026-27 project a revenue deficit and fiscal deficit, with outstanding liabilities comprising public debt and public-account liabilities. Revenue mobilisation is proposed through improved tax administration, collection efficiency, closure of leakages, liquor-manufacturer privilege fees, and eligible Union grants. The strategy projects gradual deficit reduction to create room for capital expenditure, supported by expenditure reforms aimed at eliminating leakages, optimising expenditure, and improving service delivery.
    August 5, 2026
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    Political criticism of public office-holders raises debate over media accountability, personal remarks, and acceptable public discourse.
    Political criticism followed a social-media post describing Maharashtra Deputy Chief Minister Sunetra Pawar as "gungi gudiya" in connection with a press interaction on law-and-order issues in Beed district. Congress representatives stated that the post was not a personal insult, had been deleted after adverse reactions, and was followed by an expression of regret. NCP representatives termed the expression inappropriate and stressed that the principal dignitary should conduct media interactions. Shiv Sena (UBT) representatives described the phrase as not unparliamentary and linked it to criticism of a guardian minister's public responsibilities.
    August 5, 2026
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    On-tap licensing for Urban Co-operative Banks enters public consultation through draft guidelines inviting stakeholder feedback.
    Draft guidelines for 'on tap' licensing of Urban Co-operative Banks have been issued for public and stakeholder consultation. Comments and feedback may be submitted until September 05, 2026, through the designated online consultation facility or by written or email submission to the specified regulatory department.
    August 5, 2026
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    Prohibition on indirect Pakistan-origin imports targets alleged origin misdeclaration and UAE routing used to circumvent trade restrictions.
    Import prohibition on goods originating in Pakistan applies to direct and indirect imports under the Foreign Trade Policy, 2023. Pakistan-origin dry dates routed through the UAE were allegedly declared as UAE-origin goods for import, and were intercepted under the Customs Act, 1962. Investigation indicated that the goods were first sent from Pakistan to Dubai, re-containerised, and then exported to India. A separate interception involved Pakistan-origin guggul resin allegedly declared as Somali natural resin and routed through Dubai.
    August 5, 2026
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    Neutral monetary policy stance keeps benchmark rates unchanged while inflation risks, liquidity management and consumer-protection reforms remain under review.
    Monetary policy maintains the benchmark policy rate unchanged and retains a neutral stance, with future decisions guided by incoming data. The central bank remains committed to aligning headline inflation with its medium-term target while monitoring food, fuel and other input-cost risks. Surplus liquidity will be managed through two-way operations, and the regulatory framework for interest rates on advances is proposed to be harmonised and standardised across regulated entities to improve transparency and consumer protection.
    August 5, 2026
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    Export-only e-commerce inventory framework enables seller exports through registered exporters while requiring traceability, timely payments and domestic-diversion controls.
    The export-only inventory framework permits eligible e-commerce entities to export through a registered Exporter-on-Record, which procures goods from Indian Sellers-on-Record against confirmed overseas orders and assumes export and destination-country compliance responsibilities. Inventory must be segregated, digitally traceable and cannot be diverted to domestic sale. The framework requires timely seller payments, visibility of overseas sales and shipment information, proportional pass-through of export rebates and refunds, annual compliance certification and digital records.
    August 5, 2026
    Show AI Summary
    Gold smuggling enforcement targets concealed foreign-origin gold, airport control evasion, and illicit railway transport under customs law.
    Gold smuggling enforcement operations under the Customs Act, 1962 involved alleged concealment and unlawful movement of foreign-origin gold. At an international airport, an alleged syndicate used an airline employee to transfer gold received from arriving passengers outside Customs and immigration controls, with gold disguised as silver-coloured bracelets. A separate railway operation concerned gold concealed in a specially made cloth waist belt and intended for delivery to a jeweller. The actions addressed concealment, evasion of Customs controls, and illicit transport of foreign-origin gold.
    August 5, 2026
    Show AI Summary
    Digital bank-record evidence gains a technology-neutral framework through expanded admissibility, certified authentication, and regulated production of bankers' books.
    The Bankers' Books Evidence Bill, 2026, modernises the evidentiary treatment of banking records by extending "bankers' books" to physical, electronic, digital, virtual and cloud-based records. It recognises electronic bank records as admissible evidence, allows production in physical or electronic form, and provides for standardised certificates authenticated by manual, digital or electronic signatures. The Bill also defines "special cause" for compelling bank officers to produce records or testify where the bank is not a party, and permits extension to specified financial-sector entities subject to conditions.
    August 5, 2026
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    Closing auction price discovery and unchanged policy rates shaped volatile equity trading amid inflation and geopolitical uncertainty.
    The Monetary Policy Committee retained the policy repo rate and neutral policy stance while seeking greater clarity on inflation risks from higher energy costs. Stock exchanges introduced the Closing Auction Session for eligible futures and options shares in the equity cash segment to determine closing prices through a more transparent and robust auction-based price-discovery mechanism. Equity markets showed volatile, limited gains amid geopolitical uncertainty, energy-price concerns, profit booking and the new mechanism's introduction.
    August 5, 2026
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    Pakistan-origin import prohibition covers third-country routing, false origin declarations, forged documents, and trans-shipment arrangements used to evade restrictions.
    The prohibition on direct or indirect import or transit of goods originating in or exported from Pakistan extends to goods routed through third countries and falsely declared as having another origin. Misdeclaration of country of origin, false descriptions, forged documentation, and trans-shipment arrangements may contravene that prohibition and invite action under the Customs Act, 1962. Dry dates declared as UAE-origin and Guggul resin declared as Somalia-origin were investigated as goods of Pakistan origin routed through Dubai.
    August 5, 2026
    Show AI Summary
    Foreign exchange stability measures support the rupee as policy continuity, capital inflows and global risk sentiment shape currency expectations.
    Foreign exchange market movement reflected a rupee appreciation against the US dollar following the monetary policy decision to retain the repo rate and neutral stance. Market sentiment was supported by softer crude oil prices, weakness in the US dollar, lower US Treasury yields and foreign equity inflows. The monetary policy framework sought to support capital inflows and maintain an orderly rupee trajectory, with geopolitical developments and US economic data remaining relevant to near-term exchange-rate expectations.
    August 5, 2026
    Show AI Summary
    Money-laundering investigation examines alleged proceeds from chit fund operations following searches linked to a former company managing director.
    A money-laundering investigation concerns alleged proceeds of crime arising from a multi-state chit fund operation associated with Welfare Building and Estates Pvt Ltd. The company is alleged to have collected investor deposits through investment schemes promising high returns before defaulting. Searches at premises linked to its former managing director form part of the inquiry into alleged laundering. The underlying alleged fraud had previously resulted in a CBI case and multiple police FIRs.
    August 5, 2026
    Show AI Summary
    Political restraint in public communications was urged, alongside adherence to principal-speaker protocol during press conferences and media interactions.
    Political restraint in public communications was urged after a social-media remark directed at Sunetra Pawar was criticised as ideologically irresponsible. It was stated that regret alone was insufficient and that leaders should exercise care in public comments. Press-conference protocol was also emphasised: the principal dignitary should respond to media questions, and those seated alongside should not participate in the interaction. Party colleagues were expected to act more responsibly in future media engagements.
    August 5, 2026
    Show AI Summary
    Neutral monetary policy stance continues as inflation clarity is awaited, alongside cooperative banking and lending-rate transparency measures.
    Monetary policy maintained the benchmark policy repo rate and a neutral stance pending clearer evidence that energy-cost pressures will generate broad-based inflation. Inflation is expected to rise temporarily due principally to food and fuel prices before moderating, while core inflation remains benign. The approach remains data-dependent, supported by two-way liquidity operations. Proposed measures include resuming urban cooperative bank licensing, revising rural cooperative bank credit-monitoring directions, and harmonising interest-rate regulation on advances across regulated entities to improve transparency and consumer protection.
    August 5, 2026
    Show AI Summary
    Repo rate stability preserves the policy stance amid lower inflation projections, stronger growth expectations and external-sector resilience.
    Monetary policy maintained the repo rate at 5.25 per cent following a unanimous policy committee decision. The growth forecast for FY27 was marginally increased, while the inflation projection was lowered. Inflation conditions remain uncertain because of monsoon, El Nino and geopolitical developments. Liquidity remained in surplus, and external-sector indicators reflected a current-account surplus, buoyant foreign direct investment inflows, renewed foreign portfolio investment inflows, and adequate foreign-exchange reserves.
    August 5, 2026
    Show AI Summary
    Polymer currency notes target improved durability as monetary policy remains data-dependent and rupee management pursues an orderly trajectory.
    Polymer currency notes are targeted for circulation at the beginning of the next financial year, subject to implementation proceeding as planned. They are intended to improve durability, especially for lower-denomination notes with high circulation velocity. Monetary policy decisions will remain data-dependent and focused on aligning headline inflation with its medium-term target. Foreign Currency Non-Resident (Bank) scheme inflows are expected to remain healthy until closure, with no proposal for premature termination. Rupee management aims to maintain an orderly exchange-rate trajectory.
    August 5, 2026
    Show AI Summary
    Customs anti-smuggling enforcement targets gold concealed as silver-coated armlets following passenger profiling and personal search at airport.
    Customs officers intercepted two passengers arriving from Istanbul after Advance Passenger Information System profiling and their activation of the Door Frame Metal Detector. A personal search recovered approximately one kilogram of gold, silver-coated and concealed as traditional armlets worn on the upper arms. The gold was seized under the Customs Act, a smuggling case was registered, and investigation was initiated into the source and any wider smuggling network.
    August 5, 2026
    Show AI Summary
    Closing auction price discovery for eligible derivatives shares begins as monetary policy retains the repo rate and neutral stance.
    The Reserve Bank retained the repo rate with a neutral stance amid uncertainty over energy prices and supply disruptions. Stock exchanges introduced the Closing Auction Session in the equity cash segment for eligible shares with futures and options contracts. This auction-based mechanism determines closing prices of eligible stocks and aims to make price discovery more transparent and robust.
    August 5, 2026
    Show AI Summary
    Services-sector growth slowed as weaker demand, competition and postponed orders moderated business activity, while employment improved modestly.
    Services-sector growth slowed as domestic and export orders moderated amid weaker demand, competitive pressures, softer market conditions and postponed orders. Output continued to expand, but at its weakest pace in more than four years. Employment growth improved modestly, while input costs rose and firms increased selling prices. Business confidence remained positive but declined, and the composite output indicator weakened due principally to the sharp slowdown in services activity.

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      India's ATOMESUS AI: A Deep Dive into the Nation's Ambitious Artificial Intelligence Platform

      November 19, 2025

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      Noida (Uttar Pradesh) [India], November 18: In a major milestone for India’s rapidly advancing artificial intelligence ecosystem, ATOMESUS AI Pvt. Ltd., headquartered in Sector 98, Noida, Uttar Pradesh 201304, has emerged as one of the nation’s most ambitious entrants in the competitive world of large language models and AI-driven platforms. Developed by a team of college students with prior research exposure at the Indian Space Research Organisation (ISRO), ATOMESUS AI (www.atomesus.com) represents India’s determined push toward technological self-reliance and innovation in the global AI landscape. Genesis: From ISRO Projects to AI Innovation The origins of ATOMESUS AI are rooted deeply in India’s space research ecosystem. Its founding team consists of college students who previously contributed to advanced computational initiatives at ISRO, where they developed expertise in high-performance computing, resource-efficient algorithm development, and large-scale data processing. This experience, shaped by ISRO’s rigorous engineering and computational standards, gave the team a unique foundation for designing an AI system optimized for high performance while maintaining efficiency—an essential requirement when developing large-scale AI models within limited but intelligently optimized infrastructure. The shift from space technology to AI development highlights the convergence of computational disciplines, where both domains rely on complex mathematical modelling, pattern recognition, optimization, and large-volume data handling. The team’s cross-domain knowledge directly informed the technical architecture behind ATOMESUS AI. Technical Architecture: How ATOMESUS AI Works At its core, ATOMESUS AI is built upon transformer-based neural network architectures, the same technology underlying today’s most advanced large language models. Transformer Architecture and Attention Mechanisms Following the architecture introduced in the landmark 2017 paper “Attention Is All You Need,” ATOMESUS AI uses self-attention mechanisms to analyse entire sequences simultaneously. This enables the model to learn long-range dependencies far more effectively than earlier systems such as RNNs or LSTMs. Using Query (Q), Key (K), and Value (V) vectors, the attention module computes: Attention (Q, K, V) = SoftMax (QKᵀ / √dₖ) V Through multi-head attention, the model learns syntactic, semantic, and structural patterns across various parallel attention heads. Neural Network Layers and Forward Propagation The system consists of stacked transformer blocks with embedded token vectors, self-attention modules, feed-forward layers, and normalization pathways. When users input prompts, the system tokenizes, embeds, contextualizes, and processes them across multiple layers before generating predictive outputs using a linear + SoftMax layer. Training Methodology: Supervised Learning and RLHF ATOMESUS AI uses the industry-standard multi-stage training pipeline: 1. Pretraining Learning general language patterns via next-token prediction. 2. Supervised Fine-Tuning Adapting the model to specific tasks using curated datasets. 3. RLHF (Reinforcement Learning from Human Feedback) Human evaluators rank responses; the system is optimized using PPO to align behaviours with human preference. Optimization for Indian Languages ATOMESUS AI is carefully engineered to support India’s multilingual landscape, optimizing performance for languages such as Hindi, Tamil, Telugu, Marathi, and more. Techniques like Byte-Pair Encoding (BPE) and Sentence Piece ensure efficient tokenization of morphologically rich languages. The training corpus includes large volumes of Indian-language data, improving cultural sensitivity, contextual understanding, and regional accuracy. Inference Optimization and Computational Efficiency To ensure fast performance and affordability, ATOMESUS AI integrates: • Model Quantization (FP32 → FP16/INT8/INT4) • Knowledge Distillation for lightweight deployments • Batch processing for high throughput Caching and activation reuse These strategies reduce operational costs while maintaining performance. Data Localization: Ensuring Indian Data Sovereignty A defining attribute of ATOMESUS AI is its commitment to processing all user data exclusively within India. Infrastructure Architecture The platform uses Indian cloud and data centres, with: • Distributed edge computing • TLS 1.3 encrypted communication • Enforced data residency • Automated compliance verification Regulatory Compliance ATOMESUS AI adheres fully to the Digital Personal Data Protection Act, 2023, ensuring user data remains under Indian jurisdiction—an important differentiator from global platforms such as ChatGPT, Gemini, and Claude. Practical Applications Across Sectors ATOMESUS AI positions itself as a general-purpose AI platform for: Education • Personalized tutoring • Study materials and research support • Lesson planning for educators Marketing & Content Creation • Article writing • Social media content • SEO optimisation • Localisation for Indian audiences Software Development • Code generation • Debugging assistance • Documentation writing • Security review support Business Intelligence • Market insights • Financial analysis • Automated reporting Competitive Landscape and Positioning • Versus OpenAI's ChatGPT: ChatGPT benefits from large-scale compute and training data but lacks India-specific linguistic and data-localization advantages. • Versus Google Gemini: Gemini is deeply multimodal but relies on global infrastructure, raising sovereignty concerns for Indian enterprises. • Versus Chinese AI Models: Platforms like DeepSeek and Baidu ERNIE demonstrate strong regional development but lack Indian language and cultural optimization. ATOMESUS AI differentiates itself with regional relevance, data sovereignty, and affordability. Economic and Strategic Impact • Technological Sovereignty: ATOMESUS AI reduces national dependence on foreign AI systems. • Economic Growth & Employment: AI development stimulates demand for engineers, data scientists, and researchers. • Policy Alignment: The platform aligns with Digital India and Atmanirbhar Bharat, strengthening India’s role as a technology creator—not just a technology consumer. Challenges and the Road Ahead Technical Challenges • Large-scale compute requirements • Indian-language dataset scarcity • Continuous safety alignment Business Challenges • Competition with global incumbents • Sustainable monetization • Data-localised infrastructure scaling Regulatory Complexities • AI governance evolution • Global IP standards Frequently Asked Questions (FAQ) What is Atomesus AI? Atomesus AI is an advanced, all-in-one artificial intelligence assistant designed to support writing, coding, research, image generation, data analysis, productivity, business automation, and more—serving both individuals and enterprises. How does Atomesus AI work? It processes text, files, or prompts and produces intelligent, accurate responses. It can analyse documents, generate images, write content, build workflows, brainstorm ideas, and perform complex tasks within seconds. What can I use Atomesus AI for? • Writing & marketing • Coding and debugging • Document analysis • Reports & presentations • Image generation • Research and study • Workflow automation • Chat-based problem solving Does Atomesus AI offer a free plan? Yes. The Free Trial allows access to core features like chatting, basic writing help, summaries, and entry-level image generation. What kind of images can Atomesus AI generate? • Realistic photos • Digital art • Social media graphics • Logos and posters • Illustrations and characters Different plans include varying monthly image credits. How is the token system used? Tokens measure how much text is processed. Each message and response consumes a small number of tokens. Plans include generous fair-use limits. Can I upload files for analysis? Yes. Supported formats include PDF, TXT, DOCX, CSV, and images. Higher-tier plans allow larger files and batch processing. Does Atomesus AI save my data? Chats are securely stored for user access, but no data is used for training, ensuring complete privacy. Can businesses use Atomesus AI for teams? Yes—Business and Enterprise plans include team workspaces, collaboration tools, higher token limits, bulk image generation, and priority support. How do I upgrade or cancel my subscription? Subscriptions can be upgraded or cancelled anytime from account settings, with changes applying instantly. Access continues until the billing cycle ends. Conclusion: A Platform with Strategic Ambition ATOMESUS AI (www.atomesus.com) is more than an AI product—it is a bold step toward India’s technological sovereignty. Built by young engineers with ISRO experience and headquartered in Noida, it demonstrates that India’s talent pool can produce frontier AI systems aligned with national priorities, cultural nuances, and regulatory standards. With transformer-based architecture, RLHF training, Indian language optimization, and uncompromising data localization, ATOMESUS AI stands as a uniquely Indian alternative in a globally dominated market. Its success will be measured not only by market adoption but by its contribution to India’s long-term AI capability and leadership. About ATOMESUS AI Pvt. Ltd. • Headquarters: Sector 98, Noida, Uttar Pradesh 201304, India • Website: www.atomesus.com • Parent Company: Indus Valley Group • Founded: 2024 Mission: Delivering accessible and affordable AI powered by complete Indian data localization and strong privacy commitments (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI

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